Letter of Grant definition

Letter of Grant means the letter of grant of Deferred Share Units sent to a Participant, establishing the conditions and terms of vesting of the Deferred Share Units, in the form of Schedule “A-1” or Schedule “A-2” to the Plan.

Letter of Grant means the letter issued to a specific Eligible Employee, granting Options to him/her and containing other specific details such as the number of Options granted, Exercise Period, Exercise Price etc., and shall include all amendments or modifications to such terms, from time to time, as notified to such Eligible Employee. The Scheme (as amended or modified, from time to time) shall be considered as and form an integral part of the Letter of Grant.

Letter of Grant means a letter to a Participant describing the SERP Benefit payable to a Participant, and any terms of the Plan that may apply to such Participant. Provisions of a Letter of Grant shall control to the extent inconsistent with the Plan.

Examples of Letter of Grant in a sentence

• This Letter of Grant shall be subject to and construed in accordance with the law of the State of Arizona, except as may be required by the Delaware General Corporation Law or the federal securities laws.

• The Letter of Grant for an Initial DSU Grant or an Annual DSU Grant shall notify the Participant in writing of the number of Deferred Share Units being granted, the vesting conditions thereof, and the fact that the settlement will be made in Common Shares, cash or a combination of both at the sole discretion of the Committee to be determined at the Settlement Date.

• An application to DFC for a no-cost extension should not include a revised budget, as DFC monitors the annual and final accounts by comparing the expenditures to the original total budget stated in the Letter of Grant.

• Participantship of a Participant in the Plan is completely voluntary and optional and should not be construed as granting to a Participant rights or privileges other than those that are expressly described under the rules of the Plan and the Letter of Grant.

• The terms and expressions used in this Letter of Grant and which are defined under the Plan have the meaning assigned to them under the Plan, unless the context requires otherwise.

More Definitions of Letter of Grant

Letter of Grant means the letter issued by the Company intimating the Employee of the Options granted to him/her for acquiring a specified number of Equity Shares at the Exercise Price.

Letter of Grant means the letter of grant issued by the Authority to the Recipient, offering to provide Funding to the Recipient on these Terms and Conditions, as may be amended from time to time;

Letter of Grant means the Bank’s letter advising the Borrower of the Bank’s approval of the loan, the terms and conditions of which are accepted by the Borrower;

Letter of Grant means the letter issued by the Company to an Employee intimating the Grant of Options to him/her for acquiring a specified number of Shares at the Exercise Price.

Letter of Grant means a form approved by the Minister for the purpose of notifying a successful applicant (or in appropriate cases a second-choice

Letter of Grant means the letter which is provided to each Participant including, but not limited to, the Awards which may be granted, the value of the Awards, as well as the time or times at which the Awards may be granted.

Letter of Grant means a form approved by the Minister for the purpose of notifying a successful applicant (or in appropriate cases a second-choice or third-choice successful applicant) of the grant to him of a State lease and that sets out the terms and conditions of the grant;